Set on a big block in a great Vines Road location, this currently leased semi-detached 2-unit property is the perfect pick for investors and developers. Granting you the rare opportunity to purchase an entire complex, here you can enjoy total freedom to renovate, rebuild or simply grow your portfolio, without a worry about an owner’s corporation (STCA). Situated within easy reach of public transport, schools and shopping on both Minerva and Vines Roads, this sought-after position speaks for itself. With 730sqm (approx.) to play with, this huge site could happily hold several townhouses (STCA), but for now, you can enjoy a rental yield of $430 p/w.
Both units feature polished floorboards and a comfortable 2 bed, 1 bath floor plan with a relaxed kitchen/meals, separate living room (with wall heater) and access to the large, shared back garden. Kitchens are fitted with upright cookers and good storage. Renovated bathrooms put their best foot forward with contemporary fittings and smart tiling. Some of the beds have built-in robes.
The large back garden has plenty of space for the addition of a carport or 2nd dwelling (STCA). The single lock-up garage and long driveway provide off-street parking. Offering the ideal trifecta for investors- a big block, tenants in place, and a solid location- this 2-unit property can’t be rivaled.
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